23-3 Exercises & Problems ebook Calculator Flexible Overhead Budget Leno Manufacturing Company prepared the following factory overhead cost budget for the Press Department for October of the current year, during which it expected to require 14,000 hours of productive capacity in the department: Variable overhead cust: Indirect factory labor $131,600 Power and light 4,760 Indirect materials 40,600 Total variable overhead cust $176,960 Fixed overhead cost: Supervisory salaries $61,940 Depreciation of plant and equipment 38,930 Insurance and property taxes 24,770 Total fixed overhead cost 125,640 Total factory overhead cost $302,600 126,960 Assuming that the estimated costs for November are the same as for October, prepare a flexible factory overhead cost budget for the Press Department for November for 12,000, 14,000, and 10,000 hours of production. Round your interim computations to the nearest cent, if required. Enter all amounts as positive numbers Leno Manufacturing Company Factory Overhead Cost Budget-Press Department For the Month Ended November 30 Direct labor hours 12,000 14,000 16,000 Variable overhead costi Indirect factory labor Power and light Indirect materials Total variable factory overhead Fixed factory overhead cost: Supervisory salaries $ $ Depreciation of plant and equipment Insurance and property taxes Total Fixed factory overhead $ Total factory overhead cost Check My Work 2 mure Check My Work uses remaning. Previous Next >